WANT vs. NAIL

Last updated Aug 2, 2026

WANT (Direxion Daily Consumer Discretionary Bull 3X Shares) and NAIL (Direxion Daily Homebuilders & Supplies Bull 3X ETF) are both exchange-traded funds - WANT is a Leveraged Equities fund tracking the S&P Consumer Discretionary Select Sector Index (-300%), while NAIL is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index. Both are passively managed. Over the past 5 years, WANT returned -9.26%/yr vs -14.77%/yr for NAIL. Their 0.64 correlation means they have sometimes moved together and sometimes differently. WANT charges 0.98%/yr vs 0.96%/yr for NAIL.

Performance

WANT vs. NAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WANT achieves a -18.85% return, which is significantly higher than NAIL's -25.11% return.

WANT

• 1D: 9.01%
• 1M: -5.12%
• 6M: -21.39%
• YTD: -18.85%
• 1Y: 1.90%
• 3Y*: 7.77%
• 5Y*: -9.26%
• 10Y*: —
• ALL TIME*: 7.17%

NAIL

• 1D: -3.77%
• 1M: -24.78%
• 6M: -35.02%
• YTD: -25.11%
• 1Y: -40.69%
• 3Y*: -23.69%
• 5Y*: -14.77%
• 10Y*: 2.80%
• ALL TIME*: -0.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	$44.87M	$43.82M	$62.70M
WANT Direxion Daily Consumer Discretionary Bull 3X Shares	$1.62M	$1.14M	$1.28M

WANT vs. NAIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WANT Direxion Daily Consumer Discretionary Bull 3X Shares	-18.85%	-6.94%	60.52%	114.43%	-83.03%	84.81%	45.26%	90.07%	-24.44%
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	-25.11%	-40.43%	-22.83%	259.61%	-75.23%	168.20%	-32.08%	184.63%	-25.62%

Correlation

The correlation between WANT and NAIL is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.63
Correlation (All Time) Calculated using the full available price history since Nov 29, 2018	0.64

The correlation between WANT and NAIL shifts across timeframes, from 0.51 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

WANT vs. NAIL - Sectors Allocation Comparison

Sectors	WANT	NAIL
Consumer Cyclical	19.7%	71.9%
Communication Services	0.4%	-
Technology	0.2%	-
Industrials	0.1%	19.0%
Basic Materials	-	8.4%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	0.7%
Utilities	-	-

Return for Risk

WANT vs. NAIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WANT

WANT Risk / Return Rank: 10
WANT Sharpe Ratio Rank: 9
WANT Sortino Ratio Rank: 13
WANT Omega Ratio Rank: 12
WANT Calmar Ratio Rank: 9
WANT Martin Ratio Rank: 9

NAIL

NAIL Risk / Return Rank: 6
NAIL Sharpe Ratio Rank: 6
NAIL Sortino Ratio Rank: 8
NAIL Omega Ratio Rank: 8
NAIL Calmar Ratio Rank: 5
NAIL Martin Ratio Rank: 6

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WANT vs. NAIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WANT	NAIL	Difference
Sharpe ratio: Return per unit of total volatility	-0.10	-0.41	+0.31
Sortino ratio: Return per unit of downside risk	0.27	-0.12	+0.39
Omega ratio: Gain probability vs. loss probability	1.03	0.99	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.14	-0.53	+0.39
Martin ratio: Return relative to average drawdown	-0.30	-0.82	+0.52

WANT vs. NAIL - Sharpe Ratio Comparison

The current WANT Sharpe Ratio is -0.10, which is higher than the NAIL Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of WANT and NAIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WANT vs. NAIL - Drawdown Comparison

The maximum WANT drawdown since its inception was -85.89%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for WANT and NAIL.

Drawdown Indicators

	WANT	NAIL	Difference
Max Drawdown Largest peak-to-trough decline	-85.89%	-93.75%	+7.86%
Max Drawdown (1Y) Largest decline over 1 year	-41.27%	-67.85%	+26.58%
Max Drawdown (3Y) Largest decline over 3 years	-63.53%	-82.09%	+18.56%
Max Drawdown (5Y) Largest decline over 5 years	-85.89%	-84.40%	-1.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-93.75%	—
Current Drawdown Current decline from peak	-60.89%	-78.60%	+17.71%
Average Drawdown Average peak-to-trough decline	-43.41%	-44.24%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.64%	43.97%	-25.33%

Volatility

WANT vs. NAIL - Volatility Comparison

The current volatility for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) is 21.68%, while Direxion Daily Homebuilders & Supplies Bull 3X ETF (NAIL) has a volatility of 26.41%. This indicates that WANT experiences smaller price fluctuations and is considered to be less risky than NAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WANT	NAIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.68%	26.41%	-4.73%
Volatility (6M) Calculated over the trailing 6-month period	44.50%	65.39%	-20.89%
Volatility (1Y) Calculated over the trailing 1-year period	57.65%	87.99%	-30.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.42%	88.09%	-16.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.44%	89.81%	-18.37%

WANT vs. NAIL - Expense Ratio Comparison

WANT has a 0.98% expense ratio, which is higher than NAIL's 0.96% expense ratio.

Dividends

WANT vs. NAIL - Dividend Comparison

WANT's dividend yield for the trailing twelve months is around 0.54%, less than NAIL's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAIL Direxion Daily Homebuilders & Supplies Bull 3X ETF	0.83%	1.55%	0.63%	0.22%	0.00%	0.00%	0.01%	0.17%	0.35%	1.25%
WANT Direxion Daily Consumer Discretionary Bull 3X Shares	0.54%	0.65%	0.61%	0.46%	0.00%	0.00%	0.07%	0.64%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WANT and NAIL in my portfolio?

WANT and NAIL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WANT or NAIL?

NAIL has higher volatility (26.41%) compared to WANT (21.68%). In terms of maximum drawdown, WANT dropped -85.89% vs NAIL's -93.75%.

Which ETF is better, WANT or NAIL?

On 5-year performance, WANT leads with -9.26% vs -14.77% for NAIL. On fees, NAIL is cheaper at 0.96% per year. On volatility, WANT has been the lower-risk option at 21.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WANT or NAIL?

Over the 5-year period, WANT has performed better with a -9.26% return vs -14.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WANT or NAIL?

NAIL is cheaper with a 0.96% expense ratio, compared with 0.98% for WANT.

Which ETF pays a higher dividend yield, WANT or NAIL?

NAIL has the higher dividend yield at 0.83%, compared with 0.54% for WANT.

What is the main difference between WANT and NAIL?

WANT is categorized as Leveraged Equities, while NAIL is Building & Construction. WANT tracks S&P Consumer Discretionary Select Sector Index (-300%), while NAIL tracks Dow Jones U.S. Select Home Construction Index. Their fees differ too: 0.98% for WANT and 0.96% for NAIL.

Which has better risk-adjusted returns?

WANT currently has the higher Sharpe Ratio (-0.10 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.